Which of the Following Is an Internal Control Procedure Used

question 20

Multiple Choice

Which of the following is an internal control procedure used to safeguard a company's assets?

• A)Timely deposits of cash receipts into a checking account.
• B)Separation of duties.
• C)Reconciliation of the bank statement.
• D)All of these answer choices are correct.

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Definitions:

Hypnotic Suggestion

A technique used in hypnotherapy that involves giving a person under hypnosis a series of instructions intended to modify beliefs, perceptions, or behaviors.

Abnormal Behaviors

Actions or reactions that deviate significantly from what is considered typical or normal within a society or culture.

Moral Therapy

refers to a historical approach to mental illness that emphasized moral guidance and humane treatment in a supportive environment.

Decline

A gradual decrease in quality, quantity, or strength of something.